Wednesday, September 17, 2025

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ITR due date extension: CBDT extends deadline for filing income tax returns by a day to September 16
FinanceIndiaGovernment

ITR due date extension: CBDT extends deadline for filing income tax returns by a day to September 16

The Central Board of Direct Taxes (CBDT) extended the deadline for filing Income Tax Returns (ITR) for Assessment Year 2025-26 by one day, to September 16. This decision came after numerous taxpayers and chartered accountants reported difficulties accessing the I-T department portal for e-filing and advance tax payments. The original extended deadline was September 15. The e-filing portal was scheduled for maintenance during the early hours of September 16 to enable necessary utility changes. The Income Tax Department announced a record 7.3 crore+ ITRs filed by September 15, surpassing the previous year's total. A 24x7 helpdesk is available, and guidance has been provided to resolve browser issues for portal access.

September 16, 20251 min readSource: Livemint
Sentiment: Positive
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Apple rolls out iOS 18.7 as an alternative to iOS 26: What you need to know
TechnologyAppleSoftware

Apple rolls out iOS 18.7 as an alternative to iOS 26: What you need to know

Apple has officially released its latest mobile software, iOS 26, featuring a headline function called Liquid Glass, alongside an alternative update, iOS 18.7. This dual launch provides iPhone users with a choice, though Apple is expected to maintain support for the older version for only a couple of months. iOS 18.7 is a lighter, security-focused option, offering key bug fixes and security patches without the potential glitches of a major update; its download size is significantly smaller than iOS 26. iOS 18.7 is available for iPhones released since 2018, including the iPhone Xs, Xs Max, Xr, and the current iPhone 16 lineup. iOS 26 supports all these devices except the three oldest ones.

September 16, 20251 min readSource: Livemint
Sentiment: Neutral
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Trump releases video of US' second strike against ‘narcoterrorists’ from Venezuela — ‘Rubio is lord of death’ | WATCH
UsnewsVenezuelaPolitics

Trump releases video of US' second strike against ‘narcoterrorists’ from Venezuela — ‘Rubio is lord of death’ | WATCH

US President Donald Trump released a video confirming a second military strike against an alleged Venezuelan drug cartel vessel in international waters, resulting in three fatalities. Trump stated the September 15 strike, ordered by him, targeted “narcoterrorists” transporting illegal narcotics to the US, deeming them a threat to national security. This follows a previous strike two weeks prior that killed 11 individuals linked to a Venezuelan gang. Tensions are escalating between the US and Venezuela, with the US deploying military assets to the region. Venezuelan President Nicolas Maduro condemned US “aggression,” branding US Secretary of State Marco Rubio the “lord of death and war” and signaling a breakdown in communications with Washington.

September 16, 20251 min readSource: Livemint
Sentiment: Negative
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Global Markets Today: Japan's Nikkei 225 hit fresh record high, Kospi trade higher on US-China talks
FinanceWorldBusiness

Global Markets Today: Japan's Nikkei 225 hit fresh record high, Kospi trade higher on US-China talks

Global markets posted gains on Monday, driven by positive developments in US-China trade talks. Japan’s benchmark Nikkei 225 surged past 45,000 for the first time, hitting a fresh record high, while its Topix index also reached a new peak. South Korea’s Kospi advanced, and Australia’s S&P/ASX 200 saw an uptick. US President Donald Trump indicated progress in trade discussions with China, with a meeting between Trump and Chinese President Xi Jinping scheduled for Friday to finalize terms. In the US, the S&P 500 and Nasdaq ended at record intraday closing highs, fueled by strong technology stocks. Investors are now awaiting the Federal Reserve’s policy meeting, where a 25-basis-point rate cut is widely anticipated due to recent labor market softness.

September 16, 20251 min readSource: Livemint
Sentiment: Positive
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The Bengal Files Box Office Collection Day 11: Vivek Agnihotri’s political thriller slips to ₹0.3 crore
EntertainmentIndiaPolitics

The Bengal Files Box Office Collection Day 11: Vivek Agnihotri’s political thriller slips to ₹0.3 crore

Vivek Agnihotri’s political thriller, "The Bengal Files," experienced a significant decline in box office collections on its 11th day, earning just ₹0.3 crore and bringing its total to ₹14.4 crore. The film has struggled to maintain momentum against new releases, underperforming compared to Agnihotri's 2022 hit, "The Kashmir Files." It is the third and final installment in his "The Files" trilogy, revisiting the communal riots of August 1946 in Calcutta. Despite its nationwide release on September 5, the film has not been screened in any theatres in West Bengal. The filmmaker alleges that theatre owners faced threats from political workers, preventing screenings and disrupting its trailer launch event.

September 16, 20251 min readSource: Livemint
Sentiment: Negative
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Stock market today: Trade setup for Nifty 50, global markets, India-US trade deal; 8 stocks to buy or sell on Tuesday
FinanceIndiaInvestment

Stock market today: Trade setup for Nifty 50, global markets, India-US trade deal; 8 stocks to buy or sell on Tuesday

The Nifty-50 index closed at 25,069.20, managing to hold the 25000 level despite a slight correction, while the Bank Nifty gained 0.18%. Realty and Oil & Gas sectors performed well, contrasting with losses in IT and pharma. Mid- and small-cap indices ended with gains. For Tuesday, experts suggest a decisive Nifty breakout above 25,150 could trigger a rally towards 25,300, though profit booking is expected at higher levels. Market participants will monitor US retail sales data, the US Fed policy outcome, and progress in India-US trade talks, anticipating market consolidation. Technical analysts recommended eight stocks for intraday trading: Radico Khaitan, Brigade Enterprises, Tata Steel, Angel One, United Spirits, Hitachi Energy India, ITD Cementation India, and Meghmani Organics, providing specific buy, stop loss, and target prices for each.

September 16, 20251 min readSource: Livemint
Sentiment: Neutral
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Delta State University student Trey Reed found dead on campus – What we know so far
UsnewsEducationCrime

Delta State University student Trey Reed found dead on campus – What we know so far

A tragic incident has shaken Delta State University after 21-year-old student Demartravion “Trey” Reed was found dead on campus early Monday morning, hanging from a tree. The discovery, made around 7:05 a.m., prompted the cancellation of classes and all scheduled events, including the university's 100th-anniversary activities, though the campus was not placed under lockdown. University President Daniel J. Ennis expressed profound sorrow and offered condolences to Reed’s family and friends. Col. Michael Peeler, Director of Public Safety, confirmed there is no evidence of foul play at this time and no ongoing threat to campus safety. The investigation is ongoing with assistance from multiple law enforcement agencies, and grief counselors are available for the university community.

September 16, 20251 min readSource: Livemint
Sentiment: Negative
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Bill Ackman’s net worth doubles to $9.2 billion in 2025 as Pershing Square scores big gains | How rich is he now?
BusinessFinanceUsnews

Bill Ackman’s net worth doubles to $9.2 billion in 2025 as Pershing Square scores big gains | How rich is he now?

Billionaire investor Bill Ackman's net worth has reportedly doubled to $9.2 billion in 2025, primarily due to the exceptional performance of his hedge fund, Pershing Square Capital Management. The fund’s investment vehicle, Pershing Square Holdings, has delivered a 25.3% return this year, significantly outperforming the S&P 500. This surge is largely attributed to substantial holdings in mortgage giants Fannie Mae and Freddie Mac, whose shares have skyrocketed over 300-350% this year. Investor optimism for the Trump administration to release these agencies from federal conservatorship has fueled the gains, a move Ackman has long advocated. Known for his concentrated portfolio, Ackman also made headlines in 2024 for his public campaign against Harvard University's president and his endorsement of Donald Trump.

September 16, 20251 min readSource: Livemint
Sentiment: Positive
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Setback for Trump as court rejects bid to oust Federal Reserve governor Lisa Cook — what's next
PoliticsFinanceUsnews

Setback for Trump as court rejects bid to oust Federal Reserve governor Lisa Cook — what's next

An appeals court rejected US President Donald Trump’s efforts to remove Federal Reserve Governor Lisa Cook, just ahead of a key interest rate vote. This marks the first time a president has attempted such an action since 1913, challenging the Fed's independence. Trump's administration is expected to appeal to the Supreme Court in a last-ditch effort. Cook was reinstated after a federal judge ruled Trump's claims of mortgage fraud were insufficient grounds for removal; the appeals court cited a violation of her due process rights. The Fed's policy meeting this week is anticipated to cut US interest rates to support a cooling labor market. Cook, the first Black woman to serve as a Fed governor, is a significant figure in this ongoing legal and political battle.

September 16, 20251 min readSource: Livemint
Sentiment: Neutral
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Indian stock market: 10 key things that changed for market over weekend- Gift Nifty, US-China trade talks to gold prices
BusinessStockmarketEconomy

Indian stock market: 10 key things that changed for market over weekend- Gift Nifty, US-China trade talks to gold prices

The Indian stock market is expected to open lower on Monday, September 15, despite Sensex and Nifty's strong closing on Friday. Global markets showed mixed cues, with Asian markets varied amid US-China trade talks in Madrid, while the Nasdaq hit a record high. Key triggers for the week include progress on India-US and India-EU trade deals, the US Federal Reserve's policy meeting, and foreign fund flows. Weekend developments also include a drop in US consumer sentiment, stable US inflation expectations, and a rise in India's CPI inflation to 2.07% YoY in August. SEBI's board approved reforms like relaxed minimum public shareholding, and gold prices held steady near record highs, while crude oil rose due to drone attacks on Russian refineries.

September 15, 20251 min readSource: Livemint
Sentiment: Neutral
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